Freeport Report

February 13, 2008

What is the meaning of a report from Freeport-Mc Moran Copper & Gold Inc about company’s expectation for copper and gold output in 2008 from its new areas of exploration in Grasberg mine. Increase 6% bla..bla.bla, decrease ?% so what? There is so little stories about Freeport contribution to the development of Papuan. The Board of Directors and the Commissioners of Freeport-Mc Moran might think that after they pay royalty, tax and dividends everything will be okay far all parties. They forget one important thing, it is not always about business and money!!! Read the rest of this entry »